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Canelo Offered Nine-Figure Sum to Fight David Benavidez But ‘Didn’t Want it’

Saul ‘Canelo’ Alvarez was once offered a nine-figure sum to fight David Benavidez — one of the biggest bouts boxing could possibly make.

That’s according to Benavidez himself, who mentioned the apparent proposal during an interview with the popular Kick and Twitch streamer N3on.

Alvarez has long been a mainstay at the highest echelon of world boxing, winning world champions across four weight classes, beating Shane Mosley, Austin Trout, and Miguel Cotto along the way, before a super middleweight swing that saw him break people’s faces.

Canelo Alvarez vs David Benavidez: Fight confirmed by the World Boxing  Council | Marca

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And though he was ever-present for years in the pound-for-pound conversations, he never seemed to entertain one of the greatest threats to his dominance, and popularity, by taking on Benavidez — a two-weight champion who is far higher on P4P lists than where Alvarez now finds himself.

During a light-hearted spar, N3on told Benavidez he wouldn’t get in the ring with him for real even for $1 billion. Benavidez seemed to take this as an opportunity to say N3on isn’t alone in that thinking.

“They wanted to pay Canelo $150 million but he didn’t want it.”

It is unclear who Benavidez is referring to when he says an offer was made for Canelo to fight him, however, in a clip DAZN aired when backstage for Ryan Garcia’s disciplined win over Mario Barrios, Benavidez said to Turki Alalshikh’s face that he was powerless to make the Alvarez fight.

“Remember you told me you were going to give me Canelo,” Benavidez told him with a smile. “What happened with that?”

Said Alalshikh: “I want to tell you something. There is something we can do and something we cannot do. Of course I want to see this fight.”

Back to N3on, Benavidez hinted at why he thinks Canelo never accepted the deal. “I’d f*** him up, that’s what I do.”

A fighter who was willing to meet Benavidez in the ring, is the unified cruiserweight champion Gilberto ‘Zurdo’ Ramirez, who puts his WBA and WBO titles on the line for a Cinco de Mayo clash at the T-Mobile Arena in Las Vegas atop a TBG Promotions card in a PBC on Prime Video pay-per-view.

Should he succeed in his challenge for two of the major belts in the 200-pound division, Benavidez said this week he is targeting big fights only, and laid out a three-fight plan including Dmitry Bivol at light heavyweight, Artur Beterbiev, too, and Jai Opetaia.

Canelo: There is only one way Terence Crawford can get the credit he deserves

Canelo Alvarez has held back a degree of credit for Terence Crawford, which he will only give the American under one condition.

The pair squared off in a super-middleweight encounter last September, with Crawford moving up from 154lbs to claim a monumental unanimous decision victory.

Canelo: There is only one way Terence Crawford can get the credit he deserves

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In doing so, ‘Bud’ became a three-division undisputed champion against Canelo, who had unified all four major titles at 168lbs earlier that year.

The Mexican therefore entered their showdown as a slight favourite, having established himself at the weight with previous victories over the likes of Caleb Plant and Callum Smith.

A truly masterful performance, however, ultimately saw Crawford become a five-weight world champion, only to then announce his retirement in December.

Prior to confirming his exit from the sport, the unbeaten technician had reportedly been exploring a potential rematch with Canelo, whose next outing has since been slated for September of this year.

Not only that, but while extending his partnership with boxing powerbroker Turki Alalshikh, the 35-year-old is set to secure a world title shot in Riyadh, Saudi Arabia.

But despite looking forward to enhancing his legacy, Canelo has told Ring Magazine that, without being given the opportunity to exact his revenge, he cannot quite bring himself to give Crawford all the credit he deserves.

“I always give [Crawford] credit, but we need to run it back.

“After the fight I said, ‘We need to run back this fight’, because I don’t feel I really won and I need to make this fight happen again. [If the rematch happens], it’s going to be different.

“For him to deserve all the credit, he needs to give me the rematch. But he decided to retire, and we need to accept that and move forward.”

While an opponent is yet to be confirmed, it appears likely that Canelo will face a world champion at 168lbs later this year.

Potential options include Christian Mbilli and Jose Armando Resendiz, who respectively hold the WBC and WBA titles, while Crawford’s old IBF and WBO belts remain up for grabs.

Terence Crawford’s decision to retire rather than pursue a rematch with Canelo Alvarez may have been about more than timing — it may have been about control.

Speaking to Fight Hub TV, veteran trainer Joel Diaz suggested a second fight would not have been fought on level terms. In other words, Diaz believes the sequel would have carried pressures that go beyond the ropes.

“He retired, Terence did. We don’t know if, you know— I’m glad he did.”

Pressed on why, Diaz did not hesitate.

Terence Crawford and Canelo Alvarez head to head at fight press conference

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“Because unfortunately, and I’m gonna say it, a lot of people are gonna be mad at me, because unfortunately, the fact that he won, working on a rematch, they were gonna make his life miserable for a rematch for him to lose the next one.”

Host Marcos Villegas asked, “You think so?”

“Oh, hell yeah. Yeah, that’s the way boxing works. They were gonna make his life miserable. Why? Because Canelo has always been the favorite. And on the rematch, they were gonna find a way to make Canelo the winner of the next one.”

Those are serious claims about how high-profile rematches operate at the top of boxing. Diaz is not talking about tactics or conditioning. He is talking about the pressure that follows an upset when the sport’s biggest commercial name is on the losing end.

 

A Rematch That Was Already In Motion
World Boxing News first reported that a return bout was targeted for May 2026 before Alvarez underwent elbow surgery, which pushed plans off schedule.

Even after that setback, Crawford publicly stated he would never return for $100 million.

That refusal shifted the conversation. It was no longer about the purse. It became about what a rematch would add — and what it might take away.

Diaz believes it was the wrong gamble.

“If Crawford decides to retire and never come back, in the books of boxing forever in history, hey, look at this guy. He came from 54 to 68, beat the king of boxing, took all the belts, and retired.”

From that perspective, the timing of the exit was not avoidance. It was preservation.

Crawford defeated Canelo decisively. There was no dispute about the result. But Diaz is arguing that a rematch, especially one built around restoring the sport’s biggest draw, would have carried forces beyond the ropes.

Major rematches in boxing rarely unfold in a vacuum, especially when the sport’s biggest draw is seeking redemption.

Whether fans agree with that assessment or not, it reflects a familiar tension in boxing when the commercial A-side loses.

Crawford walked away with the belts. He walked away with validation. And if Diaz is right, he walked away before the politics of a sequel could rewrite the ending.

It’s been exactly five months since the mega fight between Canelo Alvarez and Terence Crawford.

The latter became a three-division undisputed champion, beating, arguably, one of the best boxers of the generation.

Three months later, however, ‘Bud’ announced his retirement from the sport, finishing his boxing career undefeated. This came at a special time, though.

Canelo Alvarez Terence Crawford

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In the days leading up to his retirement, there was much talk about Crawford’s next fight. Many speculated whether he would move down to middleweight for another undisputed run or if a rematch was in the works. However, it all fizzled out when Bud announced his retirement. Now, a renowned boxing trainer says, “I’m glad he [retired].” Why?

Team Canelo Alvarez would have made Terence Crawford lose

“I’m gonna say [this, and] a lot of people are gonna be mad at me,” acclaimed boxing trainer Joel Diaz told Fight Hub TV’s Marcos Villegas. “The fact that [Crawford] won, working on a rematch, they [Canelo’s team] were gonna make [Crawford’s] life miserable for a rematch for [Crawford] to lose the next one.”

According to Joel Diaz, “that’s the way boxing works.” He explained that Canelo Alvarez has long been the favorite—a major draw with significant influence in the sport. And on the rematch, Canelo’s team would’ve found a way to ensure he won the next one.

Thanks to Canelo’s massive purses, everyone involved stands to earn a bigger cut if he wins, which incentivizes them to root for him to win and remain on top. However, with his loss, that popularity and pulling power may begin to fade. And with Canelo approaching retirement, the window to capitalize on his star power is shrinking, making the financial stakes even higher.

The trainer, who coached Crawford’s opponent before Canelo, Israil Madrimov, also suggested that Terence Crawford’s decision to step away from the sport protects his legacy from being tarnished. “In the books of boxing, forever in history, look at this guy,” he explained. “He came from 54 to 68, beat the king of boxing and took all the belts and retired.

“I know there’s a lot of temptations. There [are] millions of dollars… Yes, it’s tempting, but you know what? Money comes and goes, and at the end of the day, money is not going to last forever. What’s going to last forever? A legacy.”

Diaz also trained Dmitry Bivol for the latter’s fight against Canelo in May 2022. And Bivol is one of only three fighters who have managed to beat ‘Cinnamon,’ including Floyd Mayweather. Coming back to the point, though, Canelo hasn’t fought since his loss to Crawford last year.

However, that hasn’t stopped the Mexican boxing legend from continuing to pursue Crawford anyway.

Alvarez blames ‘leg cramps’ for Crawford loss; wants rematch

After getting dominated, Canelo believes physical issues may have played a part in his diminished performance. “I tried, but my body didn’t respond,” Alvarez said. “I had cramps in my legs, so it didn’t respond the way I wanted.”

He admitted mistakes in both training camp and execution. “We learn from that and move forward… I know what mistakes I made in the fight and in the camp, too,” he added. Alvarez believes a second fight would look very different and argues Crawford owes him that opportunity. “After the fight,” he said. “I said we need to run this fight back because I didn’t really feel the way I wanted.

“For him to deserve all the credit, he needs to give me the rematch.”

Whether the rematch actually materializes remains uncertain. But Joel Diaz’s comments have cast a troubling shadow over the situation, hinting at a darker possibility that could reflect poorly on Canelo Alvarez. If the fight does happen, will Diaz’s claims prove justified—or will they be put to rest once and for all?

Canelo Alvarez says his body did not respond the way he wanted on the night he faced Terence Crawford, but the bigger point may be why he felt he could not step aside in the first place.

Speaking on a Ring podcast, Alvarez described issues that surfaced during the fight, including fatigue, heavy legs, and cramps. He also made clear he was not using that as a way to take anything away from Crawford.

“My body didn’t respond the way I really wanted,” Alvarez said. “I wanted to move faster. I didn’t recuperate my weight like I needed. So, I felt a little bit tired, and my legs felt a little bit tired, too.

Canelo Alvarez workout 2025

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“I did well, even if my body didn’t really feel like I wanted. I tried, but my body didn’t respond.

“I had cramps in my legs, so it doesn’t respond the way I want.”

Alvarez then explained why the outcome still feels unfinished to him, even while giving Crawford full credit.

“I always give all his credit but we need to run it back,” Alvarez said. “That’s why, after the fight, I say ‘we need to run it back, this fight’ because I don’t feel the way I really want, and I need to make this fight happen again, and it’s going to be different.

“I think for him to deserve all the credit, he needs to give me the rematch, obviously. But he decides to retire, and we need to accept that and move forward.

“I’m going to keep moving forward and do the fights I want and fight world champions again, and that’s it. But I think the rematch will be perfect for boxing.”

Why Walking Away Was Not Simple
At the top level, fights are not always taken when everything feels perfect. Sometimes the decision is made because the cost of pulling out feels worse than the cost of going through with it.

For Alvarez, stepping aside from a Crawford fight would not have been treated like a normal withdrawal. When the opponent is that big, the timing is that tight, and the event is that public, the story quickly turns into something else.

That is what Alvarez’s comments really underline. They are less about explaining a performance and more about explaining why the option to walk away did not feel clean at the time.

Future Plans May Close The Door Further
World Boxing News understands Turki Alalshikh is working behind the scenes on Alvarez’s next move, and that direction may not naturally leave room for Crawford on the other side of the ring.

Discussions are ongoing about a WBC title challenge for Alvarez against Christian Mbilli on September 12. The already confirmed Mexico vs. The World card is part of that picture, and it is not an obvious fit for a Crawford rematch anyway.

If that is the route Alvarez takes, Crawford could end up with a long reprieve. The window may not reopen until 2027, when the question would shift from legacy talk to a simple choice: stay retired, or return for the kind of money that forces a hard decision.

In the meantime, Alvarez has done something most stars avoid. He has admitted his body did not give him what he wanted that night, while also making clear he is moving forward. That combination is why the Crawford fight still lingers in the background, even with no rematch in sight. – If you use these WBN quotes, please link back to the source: https://www.worldboxingnews.com/canelo-cant-walk-away-from-crawford/

Canelo Linked With Unlikely Opponent: “I Believe That Fight Will Happen”

Mexican superstar Canelo Alvarez is edging closer to finalising his highly-anticipated return to the ring.

The 35-year-old from Guadalajara has been out of action since he was defeated by the recently retired Terence ‘Bud’ Crawford at the Allegiant Stadium in Las Vegas back in September.

Whilst it had been suggested that Canelo was on the verge of announcing his own retirement, the four-weight world champion has now confirmed that he will be making a return to the sport this year.

Canelo Alvarez

Canelo is currently recovering from elbow surgery for an injury that he sustained during his monumental clash with Crawford, although he is expected to be ready to return to action by this September.

One man that appears to be on Canelo’s radar is Britain’s Chris Eubank Jr, who recently suffered the fourth defeat of his career to fierce rival Conor Benn.

Speaking to Boxing Scene, Eubank’s promoter Ben Shalom revealed that he expects a showdown between Canelo and Eubank to happen, despite the Brit suffering that loss to Benn back in November.

“He would have. Listen, it’s funny how boxing works, but had he beaten Conor Benn that fight was nailed on. So it’s a big thing to have lost, but I still believe that fight will happen. I really do. I think it’s a [good fight].”

Shalom was then asked if he believes Eubank could face Canelo next.

“You never know, you never know. It might work. We’re focused on the next fight. It might work out but yeah we’ll see, we’ll see.”

Eubank was comprehensively beaten by Benn in their much-anticipated rematch at the Tottenham Hotspur Stadium on November 15, seven months on from their first encounter which saw Eubank defeat Benn in what has been regarded as one of the best fights of 2025.

Months removed from that epic night in Las Vegas, Terence Crawford and Canelo Alvarez are still at the center of the conversation.

I was there live at Allegiant Stadium when Crawford delivered a performance that stunned the building, defeating Canelo to become a three-time undisputed champion. It was the kind of night that leaves a crowd frozen—part disbelief, part appreciation—as Crawford controlled every phase of the fight and put on a masterclass that had everyone in awe.

Now, with the dust settled and Crawford officially retired, Canelo is opening up about the fight that never happened next. Sitting down with Rick ‘Versace’ Reeno on the Mr. Versace Podcast via the Ring Magazine YouTube channel, Canelo spoke candidly about his frustration over the rematch falling through.

“I always give him credit, but we needed to run it back,” Canelo said. “That’s why it was tough. After the fight, I said we needed a rematch because I didn’t feel the way I wanted to feel. I needed to make that fight happen again, and I know it would have been different. I think for him to truly deserve all the credit, he needed to give me the rematch—obviously.”

At the same time, Canelo acknowledged the reality of the situation. Crawford’s decision to retire ultimately closed the door on any second meeting. ‘But I will. He decide to retire, and we need to accept that and move forward,’ he said. “But it was his decision. He decided to retire, and we have to accept that and move forward.”

The performance still stands as one of the most memorable nights in recent boxing history. And while Canelo clearly wanted another chance to run it back, this rivalry ends not with a sequel—but with acceptance, even if the frustration hasn’t fully faded.

Canelo Alvarez gives honest assessment of what went wrong against Terence Crawford

At Allegiant Stadium on September 13, 2025, Terence Crawford (42-0, 31 KOs) defeated Canelo Alvarez (63-3-2, 39 KOs) by unanimous decision.

This historic win saw Crawford become a three-division undisputed champion and four-division lineal champion. Crawford decided to retire soon after, and Canelo has now returned to the public eye, appearing on the Mr Verzace Podcast with Rick Reeno, discussing what went wrong for him in that defeat.

Canelo Alvarez Terence Crawford

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Crawford beats Canelo to become the undisputed super middleweight king

The opening few rounds of Canelo-Crawford were cagey, with Crawford moving well and Canelo attempting to close the distance

As the fight progressed, “Bud” began to pick his punches impressively while staying mobile, avoiding heavy counters from his Mexican opponent.

Despite sustaining a cut late in the fight, Crawford could not be beaten, and he continued to box with poise, firing off eye-catching combinations. The Omaha native deserved the win, and the judges agreed, awarding him a unanimous decision win with cards of 116-112 and 115-113 (x2).

Canelo Alvarez addresses what went wrong against Crawford

Talking with Rick Reeno, Canelo discussed what went wrong against Crawford, while addressing the importance of moving forward:

“I try, but my body doesn’t respond. I have cramps in my leg, so, doesn’t respond the way I really want, but you know, it is what it is. We learn from that, and we move forward. And I know what mistakes I made in the fight, and in the camp too. But that’s what boxing’s about. 

“I think a winner doesn’t mean you need to win every time. You need to learn from everything, from the losses, take the losses, and learn from that and move forward and are still doing the things you love,” said Canelo Alvarez.

The Future for Canelo

Turki Alalshikh recently announced that Canelo Alvarez will be back in action on September 12 as part of the “Mexico against The World” card in Riyadh.

Crawford announced his retirement toward the end of 2025, seemingly extinguishing any hope of Canelo vs Crawford 2, but it seems the Mexican feels he has more to give, and all eyes turn to September 12 to see what Canelo Alvarez has left.

“I’m not interested”: Canelo Alvarez dismisses David Benavidez for taking his date

Canelo Alvarez has accustomed the boxing world to fighting in May and September on dates important to the Mexican market in the United States.

But 2026 will not be like that, as he had surgery on his left elbow and after losing all his titles in September to Terence Crawford, he will take a year to return to the ring and will do so in Saudi Arabia on September 12 with an opponent yet to be confirmed.

Canelo Álvarez avoids the topic of Benavidez's fight by fighting on...

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David Benavidez vs Zurdo Ramirez takes Saul Alvarez’s place

But with such an important date in boxing and for Mexicans, the card could not be left free and so the fight between David Benavidez and Gilberto Ramirez was scheduled

I really don’t care who gets the date. No, not in May. I need to recover from my elbow. I’ll be fine in September.

So, with Saturday, May 2, vacant, David Benavidez will appear in Las Vegas to face Gilberto Ramirez in the absence of Saul Alvarez (63-3-2), which he does not care about.

Who will be Canelo Alvarez’s opponent?

While his opponent has not been announced and there are no rumors about it, it is thought that one option could be Christian Mbili (29-0-1), as the WBC made him its interim super middleweight champion after Crawford’s retirement.

A Direct Shot at Canelo ÁLvarez! Claims That the Mexican Boxer Is Already ‘Old

At 35 years old and with a professional career that began at 15, Canelo has accumulated physical mileage that, according to Mora, is irreversible. ‘At this point, Canelo is an old man. With 68 professional fights, he can no longer fight at the same level. We will not see the great pound-for-pound fighter he used to be,’ he stated emphatically.